Mathematics, 18.02.2020 20:31, 20emmanuelg1030

Suppose an inventor is interested in the proportion of local consumers who would be interested in purchasing her new product. If she samples local residents at random and tests hypotheses regarding p, the population proportion, what should she do to reduce her risk of making a Type II error? (4 points)I. Increase the number of local consumers she will sampleII. Decrease the number of local consumers she will sampleIII. Make sure her sample of local consumers is exactly 10IV. Decrease the significance level

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Suppose an inventor is interested in the proportion of local consumers who would be interested in pu...